Advertiser Disclosure

Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). However, the credit card information that we publish has been written and evaluated by experts who know these products inside out. We only recommend products we either use ourselves or endorse. This site does not include all credit card companies or all available credit card offers that are on the market. See our advertising policy here where we list advertisers that we work with, and how we make money. You can also review our credit card rating methodology.

Ink Business Premier Credit Card – Full Review [2023]

Jarrod West's image
Jarrod West

Jarrod West

Senior Content Contributor

Countries Visited: 21U.S. States Visited: 24

Boasting a portfolio of over 20 cards, Jarrod has been an expert in the points and miles space for over 6 years. He earns and redeems over 1 million points per year and his work has been featured in o...
Edited by: Kellie Jez

Kellie Jez

Director of Operations & Compliance

Countries Visited: 10U.S. States Visited: 20

Kellie’s professional experience has led her to a deep passion for compliance, data reporting, and process improvement. Kellie’s learned the ins and outs of the points and miles world and leads UP’s c...

We may be compensated when you click on product links, such as credit cards, from one or more of our advertising partners. Terms apply to the offers below. See our Advertising Policy for more about our partners, how we make money, and our rating methodology. Opinions and recommendations are ours alone.

Ink Business Premier℠ Credit Card

Ink Business Premier℠ Credit Card

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
4.26
  • $1,000

  • $195

  • Good to Excellent (670-850)

Ink Business Premier℠ Credit Card

Earn up to 5% cash-back for your business without complex bonus earning categories!

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
4.26
Learn More

(at Chase's secure site)

Summary

Chase has introduced the Ink Business Premier℠ Credit Card to its business credit card lineup. With straightforward cash-back earnings on everyday purchases and large expenses, tools to help you monitor your business, and multiple ways to redeem your rewards, this is a great card option to consider.

Card Details

Card Snapshot

Welcome Bonus & Info

  • Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.
  • Earn unlimited 2.5% total cash back on purchases of $5,000 or more and unlimited 2% cash back on all other business purchases.
  • Travel Benefits: Unlimited 5% total cash back on travel purchased through Chase Ultimate Rewards, No Foreign Transaction Fees and Trip Cancellation/Trip Interruption Insurance.
  • The only business credit card with 2.5% cash back on every purchase of $5,000 or more.
  • For businesses who prefer to pay their balance in full each month, Ink Business Premier gives access to increased spending power, rich rewards, and premium benefits.
  • Pay off eligible purchases over time with interest up to assigned Flex for Business limit. All other purchases must be paid in full each month.
  • Purchase with confidence with built-in protections like Fraud Protection, Zero Liability Protection, Purchase Protection, Cell Phone Protection, and Extended Warranty Protection.
  • There's no additional cost for employee cards. Monitor spend with digital tools like purchase alerts, set spending limits, reporting, and more.
  • Member FDIC
Pros & Cons

Pros

  • Earn 2.5% total cash-back on purchases of $5,000 or more
  • Earn 2% cash-back on all other business purchases
  • Unlimited 5% total cash-back on travel purchased through Chase Ultimate Rewards
  • No foreign transaction fees
  • Trip cancellation and trip interruption insurance
  • No additional cost for employee cards
  • Cell phone protection
  • Primary rental car coverage
  • Purchase protection
  • Extended warranty coverage

Cons

  • annual fee
  • Some purchases need to be paid in full each month and don’t qualify for Flex for Business APR
  • Rewards cannot be pooled with Chase cards that offer access to transfer partners
More Reads

$1,000

Learn More

(at Chase's secure site)

Great Card If

  • You operate a business that has a lot of large expenses
  • You’re looking for a card that offers perks like no foreign transaction fees, free employee cards, and cell phone protection

Don’t Get If

  • You want a card that earns transferable rewards
  • You want a card that has a lower annual fee

Ink Business Premier Card — Is It Worth It?

While many cards on the market offer 2% cash-back on all purchases, stepping that up a notch and offering 2.5% cash-back on purchases over $5,000 is exceptional and makes the Ink Business Premier card a standout for business owners that frequently make purchases over this size.

Further, the card offers several benefits that business owners are sure to love. For starters, many cash-back credit cards charge foreign transaction fees, while the Ink Business Premier card does not, making it a great option for business owners who often make international purchases.

Cardholders will also enjoy perks like cell phone protection, purchase protection, rental car insurance, free employee cards, and much more. Put simply, if you’re a business owner that is looking for an excellent all-around cash-back rewards card, then the Ink Business Premier card would be a great option.

Ink Business Premier Card Top Benefits

Card Protections

With your Ink Business Premier card, you’ll receive the following card protections:

  • Cell Phone Protection: Receive up to $1,000 per claim against covered theft or damage for you and your employees listed on your monthly cell phone bill when you pay it with your Ink Business Premier card (maximum of 3 claims in a 12-month period with a $100 deductible per claim).
  • Purchase Protection: Purchases made with your card are covered for 120 days from the purchase date against damage or theft for up to $10,000 per claim and $50,000 per account.
  • Extended Warranty Protection: Receive 1 year of warranty coverage added on eligible warranties of 3 years or less on items purchased with your card.
  • Rental Car Insurance: Receive primary rental car coverage when you decline the rental company’s insurance and pay for your rental car with your Ink Business Premier card.

Free Employee Cards

While the annual fee for your primary Ink Business Premier card is , there is no fee to add additional employee cards. This is a great feature for business owners that have employees who make purchases on behalf of the business and allows you to make sure you’ll be earning 2% to 2.5% cash-back on purchases your employees make as well.

Best Way To Earn and Redeem Cash-Back Rewards

To rack up as much cash-back as possible, you’ll want to use your Ink Business Premier card for every business expense you possibly can. You’ll especially want to use it on transactions of $5,000 or more to earn 2.5% cash-back. Of course, you’ll still earn 2% cash-back on all other card purchases as well. Don’t forget that the card also earns 5% back on travel purchased through the Chase Ultimate Rewards travel portal for your business travel needs.

When you’re ready to redeem your cash-back rewards, you’ll have 4 options for doing so. The first is as a statement credit to offset card purchases, or as a deposit to your linked bank account, with no redemption minimum. You can also redeem your cash-back through the Chase Ultimate Rewards travel portal, to purchase Apple products through Chase, or for gift cards from over 150 merchants.

Alternative Cards to the Ink Business Premier Card

Ink Business Unlimited® Credit Card

If you’re looking for an excellent cash-back business card without an annual fee, then the Ink Business Unlimited card is worthy of consideration. With it, you’ll earn an uncapped 1.5% back on all purchases, with no need to worry about maximizing card bonus categories.

Further, it offers perks like free employee cards, purchase protection, rental car insurance, extended warranty coverage, and more.

See how these card compare here: Ink Business Premier card vs. Ink Business Unlimited card

Ink Business Preferred® Credit Card

Those who want a business credit card that earns flexible rewards shouldn’t overlook the Ink Business Preferred card.

It is a strong point earner offering 3x points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, internet, cable, and phone services, and advertising purchases made with social media sites and search engines.

When you’re ready to redeem those rewards you can do so for cash-back at a rate of 1 cent per point, through the Chase travel portal at a rate of 1.25 cents per point, or receive even more value through one of the many Chase Ultimate Rewards transfer partners.

Not to mention that it offers several great benefits like no foreign transaction fees, free employee cards, cell phone protection, purchase protection, extended warranty coverage, and rental car insurance.

Read more in our full comparison of these 2 cards: Ink Business Premier card vs. Ink Business Preferred card


We’ve also compared the Ink Business Premier card to these popular credit cards:

Frequently Asked Questions

If you’re looking for a strong cash-back rewards business card, in particular one that rewards business owners who frequently make large purchases, then yes, the Ink Business Premier card would likely be worth it for you.

Cardholders of the Ink Business Premier card receive several benefits like free employee cards, no foreign transaction fees, cell phone protection, purchase protection, extended warranty coverage, rental car insurance, and more.

Yes, the Ink Business Premier card charges a annual fee.

Unlike many other cash-back cards, the Ink Business Premier card does not charge foreign transaction fees.

Unlike the other cash-back-focused Ink business cards, the Ink Business Unlimited card and Ink Business Cash card, the cash-back rewards you earn with the Ink Business Premier card cannot be combined with other Chase cards — notably ones that offer access to Chase’s travel transfer partners.

About Jarrod West

Boasting a portfolio of over 20 cards, Jarrod has been an expert in the points and miles space for over 6 years. He earns and redeems over 1 million points per year and his work has been featured in outlets like The New York Times.

Disclaimer: Any comments listed below are not from the bank advertiser, nor have they been reviewed or approved by them. No responsibility will be taken by the bank advertiser for these comments.

0 comments

Any thoughts or questions? Comment below!

Email needed if you'd like comment updates. It will NOT be published.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

DMCA.com Protection Status